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Hi ausjpn.I think where people get it wrong is in the...

  1. westcott
    8,602 Posts.
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    26/11/09
    03:23
    Post #: 5963890
    Hi ausjpn.

    I think where people get it wrong is in the wording(not understanding it)

    Quarter 1 to Quarter 2 is announcing funding partners.
    End of year is when the funds become available.

    The projects could get started earlier (1st to 2nd quarter) if the funding parties guarantee the money will be paid.
    I think that would be what is called a promissory note.

    Regards
    Westcott.
    SDL Price at posting: 15.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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